Matrix Partners
General
Grapevine: Ex-Cognizant CEO raising PE fund in America; Acme Solar to sell projects
Former Cognizant chief executive Francisco D’Souza is raising a $1 billion (Rs 7,335 crore) private equity fund in the US...
TMT
Abu Dhabi fund Alpha Wave leads funding for e-commerce platform Foxy
EkAnek Networks Pvt Ltd, which operates personalised e-commerce platform Foxy, has raised Rs 40 crore ($5.44 million) in a Series...
TMT
Digital lender Avail Finance's valuation rises three-fold as Falcon Edge joins as investor
Avail Finance, a digital lender that seeks to provide instant collateral-free personal loans, has raised its Series B round of...
TMT
Podcast: goDutch co-founder on how it aims to make a mark in group payments
Financial technology, or fintech, is one of the most-funded sectors in India’s startup ecosystem today. Companies and investors...
General
Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets
Private equity firms True North and TA Associates, which own more than 90% in India’s largest non-telco internet service...
General
Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank
Adani Power is looking to acquire a 414 megawatt (MW) coal-fired plant near Chennai from OPG Power Ventures for up ......
TMT
Sequoia, Matrix-backed fintech startup FPL gets new investor in Series A round
Fintech startup FPL Technologies Pvt. Ltd, founded by three former ICICI Bank executives last year, said on Tuesday it has ......
General
Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail
Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......
TMT
Park+ founder Amit Lakhotia on building revenue streams, using VC money and more
Amit Lakhotia, a former Paytm and Tokopedia executive, founded Park+ in July last year seeking to create a business opportunity ......
TMT
Digital lender ZipLoan secures debt funding from Strides Ventures
Online lending platform ZipLoan has raised Rs 15 crore (about $2 million) in debt funding from Strides Ventures. This is Strides...
